20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Delta Air Lines Inc (NYSE: DAL) held discussions with Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned SpaceX for its Starlink satellite internet service, the Wall Street Journal reported on Monday, citing the airline CEO Ed Bastian.
What Happened: The Atlanta, Georgia-based airline aims to introduce Starlink’s high-speed, satellite-based wireless internet on its planes.
The airline has also tested the offering. Bastian has in the past called for faster and free internet on flights. The airline ran a pilot program in 2019 offering free internet on some flights.
Starlink beams down high-speed internet via satellites in orbit to Earth, especially to remote areas, including those ravaged by war or natural calamity.
Why It Matters: Musk in June said SpaceX was in the process of getting the service certified with plane makers Boeing Co (NYSE: BA) and Airbus SE (OTC: EADSY), as they “serve the most number of people.”
The billionaire entrepreneur had then revealed Starlink was being tested on General Dynamics Corp's (NYSE: GD) Gulfstream business jet.
Starlink has plans to launch 4,425 satellites in orbit by 2024. SpaceX is known to have launched over 2,000 satellites.
Price Action: UAL stock closed 2.57% lower at $43.9 a share on Monday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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